Schedule for Week of January 5, 2024

by Calculated Threat on 1/04/2025 08:11:00 AM

The important thing report this week is the December employment report on Friday.

Different key indicators embrace the November Commerce Deficit and November Job Openings.

—– Monday, January sixth —–

No main financial releases scheduled.
—– Tuesday, January seventh —–

8:30 AM: Commerce Steadiness report for November from the Census Bureau.

This graph reveals the U.S. commerce deficit, with and with out petroleum, by way of the latest report. The blue line is the entire deficit, and the black line is the petroleum deficit, and the purple line is the commerce deficit ex-petroleum merchandise.

The consensus is the commerce deficit to be $77.5 billion.  The U.S. commerce deficit was at $73.8 billion in October.

10:00 AM ET: Job Openings and Labor Turnover Survey for November from the BLS.

This graph reveals job openings (black line), hires (darkish blue), Layoff, Discharges and different (purple column), and Quits (mild blue column) from the JOLTS.

Jobs openings elevated in October to 7.74 million from 7.37 million in September.

10:00 AM: the ISM Providers Index for December.

—– Wednesday, January eighth —–

7:00 AM ET: The Mortgage Bankers Affiliation (MBA) will launch two weeks of outcomes for the mortgage buy purposes index.

8:15 AM: The ADP Employment Report for December. This report is for personal payrolls solely (no authorities). The consensus is for 143,000, down from 146,000 jobs added in November.

—– Thursday, January ninth —–

The US NYSE and the NASDAQ will likely be closed in observance of a Nationwide Day of Mourning for former President Jimmy Carter.

6:00 AM: NFIB Small Enterprise Optimism Index for December.

8:30 AM: The preliminary weekly unemployment claims report will likely be launched. The consensus is for a lower to 210 thousand from 211 thousand final week.

—– Friday, January tenth —–

8:30 AM: Employment Report for December.   The consensus is for 150,000 jobs added, and for the unemployment fee to be unchanged at 4.2%.

There have been 227,000 jobs added in November, and the unemployment fee was at 4.2%.

This graph reveals the roles added per thirty days since January 2021.

10:00 AM: College of Michigan’s Client sentiment index (Preliminary for January)